Should I build back up my reserves or begin investing in Roth IRA

[Eric Samuels]

So my duplex was vacant for almost a year (could have been more aggressive with finding tenants) and I was let go from my job back in January so I was bleeding for a while. I got a good paying job and my property is now cash flowing a bit which is good. Thankfully my job covers my insurance completely and gives me 20k in equity every year but no 401k match.

I think I'd like to start investing in my Roth IRA which I have but haven't contributed since I've bought the duplex back in September 22 but I'm trying to figure out my budget again because I've moved to Los Angeles to live with my gf.

My reserves have definitely taken a hit so I’d like to build it back up and am hesitant to start contributing again until I can have a reserve for my real estate (thinking 6 months worth until I’m comfortable contributing to Roth again)

Is this dumb? Should I just start contributing again? I most likely can afford it but am really keen on building up a reserve be side there’s still a few things to fix in the place and I want to make sure I’m adding enough equity to the place to eventually cash out refi and get my next property.